Related News

No related news articles were found.

zodiac clothing company (ZDC) Related Businessweek News

No Related Businessweek News Found

zodiac clothing company (ZDC) Details

Zodiac Clothing Company Limited designs, manufactures, and sells shirts to various brands and stores worldwide. It provides suits, shirts, trousers, ties, cufflinks, and belts, as well as garment and fabric accessories, and club wear. The company is also involved in the tailoring of shirts and trousers. It offers its products under the Zodiac, Z3, and ZOD! brand names. As of March 31, 2014, the company had 113 stores. It also offers its products through its online stores. Zodiac Clothing Company Limited was incorporated in 1984 and is based in Mumbai, India.

zodiac clothing company (ZDC) Key Developments

Zodiac Clothing Company Ltd. announced that the Board of Director of the company at its meeting held on February 11, 2015, approved appointment of Ms. Elizabeth Jane Hulse as Additional Director on the Board of the company with immediate effect.

Zodiac Clothing Company Ltd. Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and First Nine Months Ended December 31, 2014

Feb 11 15

Zodiac Clothing Company Ltd. announced unaudited standalone and consolidated earnings results for the third quarter and first nine months ended December 31, 2014. For the quarter, on standalone basis, the company announced net sales or income from operations, net of excise duty of INR 721.6 million compared to INR 862.0 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 0.3 million compared to INR 51.0 million a year ago. Profit from ordinary activities before tax was INR 4.1 million compared to INR 51.3 million a year ago. Net profit was INR 2.3 million or INR 0.12 per basic and diluted share compared to INR 33.9 million or INR 1.75 per basic and diluted share a year ago.
For the first nine months, on standalone basis, the company announced net sales or income from operations, net of excise duty of INR 2,274.8 million compared to INR 2,424.8 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 5.4 million compared to INR 122.4 million a year ago. Profit from ordinary activities before tax was INR 100.9 million compared to INR 151.3 million a year ago. Net profit was INR 78.6 million or INR 4.02 per diluted share compared to INR 103.5 million or INR 5.34 per basic and diluted share a year ago.
For the quarter, on consolidated basis, the company announced net sales or income from operations, net of excise duty of INR 886.3 million compared to INR 1,009.7 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 27.7 million compared to INR 73.5 million a year ago. Profit from ordinary activities before tax was INR 27.3 million compared to INR 70.2 million a year ago. Net profit was INR 22.0 million or INR 1.13 per basic and diluted share compared to INR 49.5 million or INR 2.55 per basic and diluted share a year ago.
For the first nine months, on consolidated basis, the company announced net sales or income from operations, net of excise duty of INR 2,743.4 million compared to INR 2,844.5 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 93.1 million compared to INR 194.9 million a year ago. Profit from ordinary activities before tax was INR 105.4 million compared to INR 208.6 million a year ago. Net profit was INR 73.6 million or INR 3.77 per diluted share compared to INR 150.8 million or INR 7.78 per basic and diluted share a year ago.

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.